A subsidiary of Dubai’s luxury real estate developer DAMAC International is building a 50-storey skyscraper in the U.K.’s capital city in partnership with Italian fashion house Versace called AYKON London One. “AYKON London One is our premiere international development outside of the Middle East and a landmark project for the UK’s capital,” said Hussain Sajwani, […]

Ryanair has called on U.K. airports to restrict the sale of alcohol after it was reported that arrests of drunken passengers rose by 50 percent in a year. Europe’s biggest airline said on Monday that it has already taken a number of measures to limit the amount of alcohol customers can consume on board flights, […]

Tech giants like IBM and Capgemini could go on a mergers and acquisitions “shopping spree” for financial technology (fintech) start-ups next year, the chief of one such start-up has told CNBC. Daniel Döderlein, CEO of Norwegian fintech startup Auka, said that tech behemoths that have shared a long-standing relationship with banks but still rely on […]

German Chancellor Angela Merkel launched her re-election campaign with a scathing attack on German auto bosses on Saturday yet the electorate is unlikely to have been inspired by the criticism, according to ING Germany’s chief economist. Merkel, campaigning to secure a fourth term in office, accused auto industry chiefs of “destroying trust” in the sector […]

Margins at German energy group RWE‘s gas-fired power plants were higher than expected in the first half, it said on Monday, and it now expects full-year profits to be at the upper end of itsoutlook range. Shares in the group, which focuses on conventional power generation and energy trading, were up 2.5 percent at 0745 […]

Japan’s economy grew better than expected in the second quarter, but a lack of wage growth in the economy and labor shortages are likely to cause problems, markets watchers tell CNBC. “Despite this very tight labor market there’s very little wage growth in Japan. I suppose you could argue there are echoes of that in […]

Europe’s food safety commissioner urged countries to stop “blaming and shaming” one another over a continental eggs contamination scare on Friday. Tensions between agricultural ministers in the Netherlands, Belgium and Germany have risen after traces of a moderately toxic pesticide – called fipronil – were found in batches of eggs. While Belgian regulators were criticized […]

Video game developer Nintendo is being sued by a U.S. mobile gaming accessory company that claims the controllers for the Nintendo Switch console infringes on a patent for its own product. Gamevice, which makes video game controllers to attach to tablets and smartphones, is demanding that Nintendo stops making and selling the Switch and wants […]

British firefighters said on Friday they were investigating the cause of smoke on an underground train at Oxford Circus station in the centre of London’s main shopping district, although police said the incident was not being treated as suspicious. “We are continuing to investigate smoke issuing at platform level at #OxfordCircus tube station,” London Fire […]

Recreational vehicles (RVs), caravans, campervans or motorhomes – whatever size they are and whatever you call them, they are back and picking up a new generation of eager fans just wanting to hit the road. Europe has seen a resurgence in leisure vehicle purchases, with consumers once again opting for these “big-ticket items” after the […]